The World Will Be in Recession Next Year
The threat of a recession is getting real. The world is now predicting a recession in 2023. The Minister of Finance, Sri Mulyani, explained...
IMF: Indonesia’s Economic Prospects Will Still Shine
The International Monetary Fund (IMF), in its World Economic Outlook: Countering The Cost-Of-Living Crisis report, confirmed that Indonesia's economic prospects will continue to shine...
Pressure in the Domestic Financial Market Eases, Foreign Investments Flood Indonesia
The financial market in Indonesia is experiencing a gradual relief from previous pressures, resulting in a resurgence of the rupiah's value, a decrease in...
Bank Indonesia Increases BI7DRR Reference Rate to 5.5 Percent
Bank Indonesia (21-22/12) decided to increase the BI 7-Day Reverse Repo Rate (BI7DRR) again by 0.25 bps to 5.5 percent. This policy takes into...
The Pandemic Has Passed, Paper Money Has Also Passed With It?
According to Bank Indonesia (BI), the digital economy and finance are rapidly growing in Indonesia, and the COVID-19 pandemic has brought unique opportunities for...
State Budget 2022 Is Still Remaining Rp 1200 Trillion
The State Revenue and Expenditure Budget (APBN) in the last two months of 2022 still has Rp 1,200 trillion remaining. The government has only...
5 Fintech Segments Dominate Indonesia
Digitalization has penetrated various sectors of Indonesian people's lives, including the business or fintech sector. According to the Minister of Communication and Informatics, Johnny...
Indonesia’s Foreign Exchange Reserves Increase US$3.8 Billion in Just a Month
Indonesia's foreign exchange reserves reached US$134.0 billion as of November 2022. This was confirmed by Bank Indonesia (BI).
That way, this position has increased compared...
Foreign Exchange Reserves in September Dropped US$ 1.4 Billion
Indonesia's foreign exchange reserves in September reached US$ 130.8 billion. This figure fell to US $ 1.4 billion compared to the position in August...
Virtual Accounts Dominate with 50% of Total Payment Volume, a 7%...
The digital landscape in Indonesia is witnessing a surge in popularity for online transactions, with virtual accounts emerging as the go-to platform for digital...
